Teknosa Ic Ve Dis Ticaret As · BIST:TKNSA
Teknosa Ic Ve Dis Ticaret As — Teknosa İç ve Dış Ticaret A.Ş. — Q2 2020 Earnings Presentation
17 slides from Teknosa Ic Ve Dis Ticaret As's earnings presentation, August 2020
Slide 1: Teknosa Investor Presentation 2Q20 Results
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Investor Teknosa Presentation 2Q20 Results «Turkey’s Leading Electronics Retailer» August , 2020 Genel
Slide 2: Agenda
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Agenda Covid-19 Results at a Glance Financial Overview 2 Genel
Slide 3: Covid-19 Effects
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Ø Teknosa, as a first-mover in the sector, has launched the drive-through click Covid-19 and collect shopping service. This service has been in pilot testing across 19 stores in 11 cities. For customer satisfaction new services such as livechat, Ef
Slide 4: Agenda
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Agenda Covid-19 Results at a Glance Financial Overview 4 Genel
Slide 5: Main messages
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Effective Ø Despite the challenging market conditions during the Covid- Main Process 19 period, the company's financial performance improved as messages Management a result of digitalization and rapid adaptation to new during Covid-19 business cond
Slide 6: Main messages
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Strong growth Ø Teknosa rapidly met increased demand for online shopping Main in online sales due to Covid-19 pandemic and teknosa.com customer traffic and sales broke records messages Ø All online sales reached 446 M TL in 2Q20 and increased by 58
Slide 7: Consumer Confidence Index
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Consumer Ø Although consumer confidence index with an average 59.4 in 2Q20 was parallel with the 2Q19 average of 59.2, Teknosa sales decreased only by 4,7% Confidence Index due to Covid-19 pandemic effect. Consumer Confidence Index 2013 2014 2015 2
Slide 8: 2Q20 Results
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION 2Q20 Ø As a result of the drive Net Sales Area for operational Results (‘000 m2) efficiency, sales area 103 100 decreased 3 K sqm (2Q19-105 K sqm). 1Q20 2Q20 Ø In spite of the negative effect of Covid-19 on Net Sales Total 1.002 total sales, net sa
Slide 9: Electronics Retail Market and Teknosa
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION The electronics retail market(*) grew by 10,1% LfL reaching TL 26,1 bn in 5M20 Electronics Ø Ø Growth by segments: IT 63,2%, Consumers Electronics 13,1%, MDA 9,2% , Retail Market Telecom 3,6% and SDA 2% and Teknosa Ø TSS channel accounts for 19,5%
Slide 10: Income Statement Summary
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION (TL mn ) 2Q19 1Q20 2Q20 YoY (%) 1H19 1H20 YoY (%) Income Net Sales 1.002 1.048 955 -5% 1.843 2.004 9% Statement Gross Profit 178 174 123 -31% 320 297 -7% Summary Gross Profit Margin 17,8% 16,6% 12,9% -4,8pp 17,4% 14,8% -2,5pp EBITDAR 92 77 56 -39%
Slide 11: Online sales grew 367%, reaching 559M TL in 1H20
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Online sales grew Online Sales (TL mn) 367% ,reaching 559M TL in 1H20 580% 367% 446 559 66 120 2Q19 2Q20 1H19 1H20 Ø Online sales increased by 580% YoY and reached 446 M TL in 2Q20 Ø In order to improve customer experience in the online channel, th
Slide 12: Agenda
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Agenda Covid-19 Results at a Glance Financial Overview 12 Genel
Slide 13: OPEX/Sales ratio
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION OPEX/Sales (%) OPEX/Sales ratio 14% 13% 14% 12% 1H19 1H20 2Q19 2Q20 Ø 2Q20 operational expenses / sales ratio decreased to 12% with temporary store closures from Covid-19 and tight operational expense management. Ø Efficiency improvement and operat
Slide 14: Working Capital and Cash Position
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Working Capital Requirement (TL mn) Working TL -242 mn TL -68 mn TL -291 mn Capital and Net working capital decreased by 49 M TL Cash Position 656 88 871 61 744 88 in 2Q20 compared to 2Q19 986 1000 1123 2Q19 1Q20 2Q20 Trade Receivables Inventories
Slide 15: Balance Sheet Summary
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Assets (in TL mn) Jun-19 Mar-20 Jun-20 Balance Current Assets Ca s h a nd Ca s h Equi va l ents 817 50 997 48 1.178 325 Sheet Tra de Recei va bl es 88 61 88 Inventori es 656 871 744 Other Current As s ets 23 17 21 Summary Non-current Assets 552 477
Slide 16: Thank You
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Thank You Contact Information: H. Şenay Akıncı Özertan– Finance and Investor Relations Manager +90 (216) 468 37 46 sozertan@teknosa.com IR web page: http://yatirimci.teknosa.com/homepage IR e-mail: yatirimciiliskileri@teknosa.com 16 Genel
Slide 17: Disclaimer
TEKNOSA İÇ VE DIŞ TİCARET A.Ş INVESTOR PRESENTATION Disclaimer The information and opinions contained in this document have been compiled or arrived at by Teknosa from sources believed to be reliable and in good faith, but no representation or warranty, expressed or implied, is made as to their accu
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